Kalyani Nagar: Pune’s best neighbourhood
Acknowledged as one of the upcoming real estate destinations of Pune, Kalyani Nagar is soaring high as builders step-in to construct more number of housing complexes in the locality. Located between Viman Nagar and Koregaon Park, Kalyani Nagar is one of the prime destinations of Pune, that has gained attention among the realty developers.
Along the Eastern Corridor of Pune, Kalyani Nagar has emerged as one of the thriving residential and commercial real estate destinations. Close proximity to Mumbai-Pune Expressway adds to its overall credentials. Located at a distance of 2 Kms from the Pune airport, the vicinity offers excellent connectivity to its residents.
The nearest railway station is located at a distance of 7Kms from the neighbourhood. Easy accessibility offered by the locality to major business hubs such as Hadapsar and Kharadi makes its one of the most sought after destination for home buyers. Excellent connectivity to Nagar road is also an addition to the accessibility offered by Kalyani Nagar.
According to JLL, Kalyani Nagar is one of the upmarket residential destinations in the city. Up-market hotels, golf-course along with some key social establishments adds to the overall essence of the neighbourhood. Excellent bus route from Kalyani Nagar to different locations of Mumbai make it convenient for people to reach major industrial hubs of the city. SOTC bus service make it easy for the residents of the vicinity to reach prime locations in Mumbai.
Link to Koregaon has made it easy for people to commute from Kalyani Nagar and boost the retail activity in Pune. Shopping malls, multiplexes, retail options and restaurants testify strong infrastructural growth in the vicinity. Don Bosco High School, Erin Nagarwala School and Bishops School Kalyani Nagar are some of the major educational institutions in the locality. The locality also has excellent hospitals, located at the heart of the neighbourhood, offers medical aid to all the nearby residents.
The surge in IT/ITES sector has given a new edge to the property landscape in Kalyani Nagar. With increasing number of high grade residential properties, Kalyani Nagar is deduced as one of the highly developed localities in terms of realty. According to property consultants, the locality has a lot of potential and can turn out to be one of the promising realty destination in the upcoming days.
Development in Kalyani Nagar has been accelerated with the establishment of Kalyani Nagar-Koregaon Park bridge. Ease of commuting have contributed to retail and higher industrial activity, giving a major boost to the residential real estate market of the vicinity. Home buyers in the vicinity are offered 2BHK or 3BHK apartments only within a range of Rs 7500- Rs 8600 per sq feet. For residential purpose, the average price for rent per sq ft is Rs 25. However, for commercial purpose, the average rent per sq ft is 24.
For modern home buyers, this area is a treasure trove. All major builders in Pune have constructed at least one posh residential housing complex in the locality, owing to its demand in recent years. With adequate infrastructural aid from government, Kalyani Nagar is soon to become one of the hot spots for realty developments in coming years.
